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In November 2011, Embraer announced that it would focus its attention on developing revamped versions of the E-Jet family, rather than an all-new aircraft, for the time being.[4] The new variants would be better-positioned to compete with the Bombardier CSeries, and would be powered by new engines with larger diameter fans that would offer improvements in specific fuel consumption, as well as slightly taller landing gear and possibly a new aluminum or carbon fiber-based wing. Embraer named this new development "the E-jets second generation".[5]

GE Aviation, Pratt & Whitney, and Rolls-Royce were all possible engine suppliers.[6] In January 2013, Embraer announced it had selected Pratt & Whitney's PW1000G Geared Turbofan engine as the exclusive power for its new second generation of the E-Jet aircraft family.[7]

The E175-E2 model in the 80-seat range is the smallest in the E-Jet Second Generation family. The E175-E2 was extended by one seat row, compared to the current generation E-175, will seat up to 88 passengers, and is scheduled for first delivery in 2020.

During the 50th International Paris Air Show, Embraer officially launched the Embraer E-Jet E2 program. The program was launched with launch customers North American major regional airline SkyWest Airlines and leasing company ILFC. Skywest is the launch customer of the Embraer E175-E2, with the airline firming up 100 Embraer E175-E2 aircraft, with another 100 Purchase Rights of the same type, which brings the total potential of the order to 200 aircraft. This order alone is valued at US$9.4 Billion.[9] ILFC is the launch customer for the Embraer E190-E2, and Embraer E195-E2, with the lessor signing a Letter of Intent (LOI) for 100 total. The potential order consists of 25 firm and 25 options for the Embraer E190-E2, and 25 firm and 25 options for the E195-E2. Embraer has also signed LOIs for a total of 65 E-Jet E2s from unnamed customers in Africa, Asia, Europe and South America. The LOIs are split between 15 firm and 50 options for the aircraft.[10]

One month after the Paris Air Show, ILFC signed a firm order for 50 E-Jets E2s (25 E190-E2s and 25 E195-E2s), with an option for 25 E190-E2s and 25 E195-E2s, bringing the potential order to up to 100 aircraft.[11]

On February 13, 2014, Indian carrier Air Costa announced a firm order for 50 E-Jets E2s with an option for 50 more. The firm order includes 25 E190-E2s and 25 E195-E2s, and the options are for 25 E190-E2s and 25 E195-E2s. With this order, the total of E-Jets E2 orders reaches to 200 firm and 200 options/purchase rights since the launch of the E2 program.[12]

During the week of the 2014 Farnborough International Airshow, airline holding company Trans States Holdings (like SkyWest, a regional airline owner) and Brazilian low cost carrier Azul Brazilian Airlines announced an order for EJet-E2s. Trans State Holdings signed a firm order 50 Embraer E175-E2s, with 50 more options.[13] Azul signed an LOI for 50 Embraer E195-E2s (30 firm, 20 options).[14]